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Election: Labour manifesto shows party would raise taxes by £80bn a year — as it happened

Jeremy Corbyn unveils party's ‘most radical’ plans in decades, Tories backtrack on national insurance pledge while pressure on public finances increases

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London terror attack: man shot dead by police after stabbing — as it happened

Live coverage from the FT.

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Election: Parties make final push as campaign draws to a close — as it happened

Live coverage of the UK election campaign.

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Rishi Sunak replaces Sajid Javid as chancellor — as it happened

A live blog from FT.com

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Economists question BoE’s overly rosy view of V-shaped recovery

Forecast of a quick rebound from crisis without sustaining any persistent damage is disputed




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Wave of corporate defaults owes much to foolhardy share buybacks

Big investors must adopt a tougher stance on balance sheet resilience




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Coronavirus crisis is a moment the investment industry should seize

Efforts to improve diversity and inclusion must not be sidelined as companies rebuild




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Mikheil Saakashvili appointed to spearhead reform drive in Ukraine

Georgian once mooted as next deputy prime minister, takes on top co-ordinating role




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EU increases pressure on Britain over Irish Sea customs border

Brussels sets out tariffs proposals aimed at reducing risk of smuggling into bloc




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UK and Irish help for Trump Organization probed by Democrats

The US president holds ownership interests in golf resorts in Scotland and Ireland




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Short cuts: Aiguille du Midi cable car to reopen; disinfection booths at Hong Kong airport

Chamonix’s cable car back in business after two months, albeit with strict social-distancing measures




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Philip Green fashion empire crumbles

The high-street fashion empire of Philip Green is on the rocks. The UK retail tycoon has secured creditor support for a complex three-year overhaul that will involve rent reductions, store closures and a halving of the company’s pension deficit reduction payments. But will this be enough to save the business? Matthew Vincent discusses this question with Jonathan Ford and Jonathan Eley.


Contributors: Suzanne Blumsom, executive editor, Matthew Vincent, Lombard editor, Jonathan Ford, City editor, and Jonathan Eley, retail correspondent. Producer: Fiona Symon

 

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Germany's von der Leyen takes up key EU leadership role

Ursula von der Leyen was confirmed this week as the new European Commission president. Katie Martin discusses the challenges she faces, not least the Brexit negotiations, with Ben Hall and Mehreen Khan


Contributors: Katie Martin, capital markets editor, Ben Hall, Europe editor and Mehreen Khan, EU correspondent. Producer: Fiona Symon

 

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NSO tech said to extend reach of off-the-shelf spyware

NSO, an Israeli company whose spyware hacked WhatsApp, has told buyers its technology can now collect a targeted individual’s data stored in the cloud, according to people familiar with its sales pitch. Its tech is said to use industry-wide authentication techniques that have, until now, been thought to be secure. Malcolm Moore discusses the implications with Mehul Srivastava and Tim Bradshaw.


Contributors: Malcolm Moore, technology news editor, Mehul Srivastava, Tel Aviv correspondent, and Tim Bradshaw, global tech correspondent. Producer: Fiona Symon

 

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What sterling's fall means for shoppers, exporters and investors

Sterling has taken a beating in the currency markets, falling to a fresh two-year low against the US dollar on Tuesday. Michael Hunter discusses why this has happened and who will be affected with Katie Martin, the FT's capital markets editor.


Contributors: Michael Hunter, markets reporter, and Katie Martin, capital markets editor. Producer: Fiona Symon

 

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What's behind India's lockdown of Kashmir?

The disputed Himalayan state of Jammu and Kashmir is in lockdown after India revoked its special status following a long running insurgency that led to thousands of deaths. Jyotsna Singh discusses what India plans to do next, and how neighbouring Pakistan, which also claims the territory, has reacted, with Amy Kazmin the FT's South Asia bureau chief.


Contributors: Jyotsna Singh, Delhi reporter, and Amy Kazmin, South Asia bureau chief. Producers: Jyotsna Singh and Fiona Symon

 

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Bleak outlook for bankers as trading jobs slashed

Falling interest rates, weak trading volumes and automation have led to an exceptionally brutal summer for global investment banks, which have shed tens of thousands of jobs, particularly on trading desks. Stephen Morris, European banking correspondent, discusses the bleak outlook for bankers with Robert Armstrong, US financial editor.


Contributors: Stephen Morris, European banking correspondent, and Robert Armstrong, US financial editor. Producer: Fiona Symon

 

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How Charles Koch shaped modern America

A new book about Koch Industries has shed light on the way this company, led by Charles Koch, shaped modern America. Frederick Studemann, literary editor, discusses Kochland: The Secret History of Koch Industries and Corporate Power in America with Andrew Edgecliffe-Johnson, US business editor. Read Andrew’s review here.


Contributors: Frederick Studemann, literary editor, and Andrew Edgecliffe-Johnson, US business editor. Producer: Fiona Symon

 

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Should we turn our backs on flying?

Greta Thunberg, the Swedish climate activist, opted to sail to the US from Europe this month, rather than catching a plane.  Her choice reflected a growing recognition that air travel carries a heavy cost to the environment. Sylvia Pfeifer, acting industry editor, discusses how airlines are responding to the challenge with Janina Conboye and Leslie Hook.


Contributors: Sylvia Pfeifer, acting industry editor, Janina Conboye, industry reporter, and Leslie Hook, environment correspondent, Producer: Fiona Symon

 

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Shake-up at the heart of the Saudi oil industry

Saudi Arabia has removed energy minister Khalid al-Falih, one of the most powerful figures in the global oil industry, and replaced him with a member of the royal family, Prince Abdulaziz bin Salman. Katie Martin discusses the significance of the shake-up and how it relates to the Crown Prince’s ambitious plans for an IPO of state oil company Aramco with David Sheppard, Energy Editor, and Andrew England, Middle East editor.


Contributors: Katie Martin, capital markets editor, David Sheppard, energy editor, and Andrew England, Middle East editor. Producer: Fiona Symon

 

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Shakespeare on Merseyside

Thanks to its links to Shakespeare and his players that were until recently a well kept secret, a deprived suburb of Liverpool is to house a new playhouse. Local investors have high hopes that it will woo some of the tourists that flock to Stratford-upon-Avon and Shakespeare’s Globe in London. Andy Bounds went to Prescot to speak to some of the project's supporters.


Contributors: Andy Bounds, Enterprise editor and North of England correspondent. Producers: Fiona Symon and Persis Love

 

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How medical websites share our data

Hundreds of millions of people turn to the web each day to seek answers to medical concerns. But the information they share is far from secret. Madhumita Murgia, the FT's European technology correspondent, has been looking into what happens to the personal health information we share with these websites, and she tells India Ross what she discovered..


Contributors: India Ross, tech creative producer, and Madhumita Murgia, European technology correspondent. Producer: Fiona Symon

 

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Putin seeks to secure his legacy with power shake-up

Russia’s president Vladimir Putin has been in power for two decades and now it looks as though he intends to stay indefinitely. He has launched an overhaul of the country’s power structures that could allow him to extend his control after his official term ends in 2024. Katie Martin discusses the move with Max Seddon in Moscow and Ben Hall, Europe editor.


Contributors: Katie Martin, capital markets editor, Max Seddon, Moscow correspondent, and Ben Hall, Europe editor. Producer: Fiona Symon

 

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K-pop: shaped by fans and shaken by scandals

K-Pop has never been more popular. However, a recent string of high profile controversies including a rape conviction and two suicides have sullied the image of the Korean cultural export. Edward White talks to Patricia Nilsson about what makes a K-Pop star, why the singers are under so much pressure, and what the industry means to the country’s economy.


Contributors: Edward White, Seoul correspondent and Patricia Nilsson, Media reporter. Producer: Persis Love

 

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Mexico’s economy shrinks under pressure from coronavirus

Analysts fear government’s timid fiscal response will prolong the pain




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Next’s Wolfson shows his workings for a new socially distant world

Boss of clothing retailer deserves a premium; Astra’s eyes on big prize




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Fauci praises remdesivir after data show it speeds recovery

US-run trial of Gilead coronavirus therapy demonstrates ‘significant positive effect’




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Johnson revives onshore wind farms after 4-year ban

Policy reversal follows Cameron vow to rid UK of ‘unsightly’ structures




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ScottishPower breaks ranks on energy bailout calls

Supplier says sector should be ‘back of the queue’ for additional government support




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Shopify: customer service

Retail services group’s new Shop app needs a price gimmick to lure buyers in




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Match: relationship goals

Finding love in a time of corona is tricky, converting activity into paid accounts is harder yet




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Turkey slashes rates in bid to shore up economy against coronavirus

Eighth consecutive cut could heap fresh pressure on already struggling lira




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Investors turn bearish on the pound

Short bets rise to highest level of 2020 over Brexit and Covid-19 concerns




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Turkish lira succumbs to pressure and weakens past 7 to dollar

Currency softens beyond key level as investors brace themselves for more interest rate cuts




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Swiss National Bank’s swollen balance-sheet poses risk to ‘credibility’

Analysts fear unintended consequences of central bank’s vast foreign-currency holdings




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Turkish lira nears record low after efforts to curb selling

Country’s finance minister seeks to reassure investors on impact of Covid-19




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Facebook’s Libra appoints Bush-era terrorism finance tsar as first chief

Stuart Levey, known for tough enforcement of sanctions on Iran, will head digital currency project




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Corporate bailouts should come with strings

Business cannot expect emergency cash without sensible conditions




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EasyJet boosts cash after fresh pressure from Sir Stelios

Airline’s biggest shareholder calls for CFO’s exit over failure to scrap £4.5bn Airbus order 




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Virus outbreak on French warship sparks military weakness fears

Potential adversaries could seek to exploit vulnerabilities triggered by pandemic, warn analysts




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Airbus is ‘bleeding cash’, says chief executive

Guillaume Faury tells employees in letter that lockdown threatens manufacturer’s existence




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Coronavirus: Trump in new push to expand testing — as it happened




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Fund managers push LSE for shorter trading hours

Eight-and-a-half-hour day is needlessly long, say customers




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European regulator takes another shot at ‘dark pools’

Watchdog also offers concession on post-Brexit share trading




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EU regulator allows short delay to new rules on failed trades

Industry bodies had been lobbying for longer postponement over fears of hit to bond markets




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US market data shake-up aims to narrow HFTs’ advantage

SEC sets out proposal to provide investors with faster, broader trading figures




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Banks fear Ion/Broadway deal will push up forex fees

Acquisition allows group to build bigger share of the $6.6tn-a-day market




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Could shutting exchanges stop the markets rot?

US Treasury secretary floats idea of shorter trading hours as staffing hit by virus




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NYSE to review circuit-breakers after sharp drops

US benchmark S&P 500 can drop a maximum 7 per cent before first protection kicks in




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Fashion lovers snap up revamps of famous watches

Tweaked timepieces popular with public but some original makers cry foul